Quebec-based outdoor retailer La Cordée is shutting down its operations permanently, marking the end of a retail history spanning more than 70 years, according to CTV News. Founded in 1953 originally as a Scout cooperative, the company grew into a prominent regional specialist for camping, cycling, cross-country skiing, and general outdoor recreation equipment.
In a customer notice published on its website, leadership confirmed that the business will officially cease all trading in the coming weeks. The announcement follows an earlier filing for protection under the Bankruptcy and Insolvency Act earlier this summer, which initially aimed to restructure the struggling business operations.
Store Liquidations and Final Weeks
Prior to the full shutdown announcement, the retailer had already wound down operations at several sites, closing locations in Laval and downtown Montreal. Three main locations remained active during the final phase: the Saint-Laurent Boulevard store in Montreal, the La Vie Sportive branch in Quebec City, and the Saint-Hubert outlet situated on Montreal’s South Shore.
Despite the impending liquidation, the company indicated that customer-facing support will continue temporarily. In their statement reported by CTV News, management noted that remaining staff will stay on hand to assist shoppers until the physical and online doors close permanently.
Follow-up Questions
What led to La Cordée’s financial collapse?
The company cited insurmountable financial pressure that prompted a creditor protection filing earlier in the summer and subsequent store liquidations
What remains unclear: Exact figures regarding total liabilities and unfulfilled supplier debts remain subject to ongoing court proceedings
What will happen to remaining employees?
Management stated that teams will remain on hand to assist customers until the final store closures occur in the coming weeks
What remains unclear: The total number of impending layoffs and specific severance arrangements have not been fully detailed
Perspectives
Company management view vs Retail industry view
Story lens
Company management view
La Cordée leadership framed the shutdown as an unavoidable operational conclusion following months of restructuring attempts under insolvency protection. By keeping selected staff available through the final liquidation phase, management aims to maintain customer service standards until the last doors close
Retail industry view
Specialty outdoor retailers face mounting economic pressures from broader retail shifts and online competitors. The collapse of a 73-year-old regional institution highlights the vulnerability of traditional brick-and-mortar outdoor gear specialists operating against high overhead costs
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